WYOMISSING, Penn.— Utilities Employees Credit Union has selected Velera to provide it with debit and credit card processing services and support.
Fresh Today
ORLANDO, Fla.–Two credit union professionals have been honored for their accomplishments in two different states.
LVIV OBLAST, Ukraine– Credit Union Anisia has issued the very first credit union loan to a legal entity in Ukraine as the result of efforts the World Council of Credit Unions said it and the USAID/WOCCU Credit for Agriculture Producers (CAP) Project said they have led.
WASHINGTON–The Biden Administration has nominated Christy Goldsmith Romero to become chairman of the FDIC.
TAMPA, Fla.— USF Federal Credit Union said it has become the first in the Sunshine State to begin offering buy now, pay later (BNPL) services to its members. It said the offering addresses the “financial fragility of members who may normally turn to high interest credit-finance options or predatory lenders.”
WASHINGTON—Credit unions are being reminded they can submit feedback on the Federal Reserve’s request for comment on expanding the Fedwire Funds Service and National Settlement Service (NSS) operating hours proposal.
ROME — AmeriCU Credit Union said it is participating in the Federal Home Loan Bank of New York’s Homebuyer Dream Program Plus (HDP Plus).
LONDON—In a move that suggests that at some point U.S. card issuers could have a new avenue for plastic swipes, the U.K. government intends to let people use debit cards to gamble on slot machines.
ATLANTA–1st Choice Credit Union here has been placed into conservatorship by NCUA and the Georgia Department of Banking and Finance.
WASHINGTON–The issue of applying the Community Reinvestment Act (CRA) to credit unions was raised during a congressional hearing, the second time in less than a month such a proposal has been discussed in Congress and by the CFPB.